"There's no reason to panic and sell now. Don't do that as you'll only become a weak hand and sell to those that have been praying for you to sell."
So true. They are praying for you to give them money from Heaven
One of the big problems is with a highly speculative market, there ARE many people who NEED regular profits to survive.
They can not afford to have large paper losses then take out their 'salary' from a much reduced holding. So they sell, taking a small loss, fearing worse - which does come, but doesn't hurt anybody who doesn't book the loss.
Keep taking small 'stop loss' losses and soon you will have nothing to invest at all. Or have to make 500-1000% returns to recoup. Those returns aren't there. Just plenty of wild swings engineered for the most part by manipulators who capitalise on fact-driven movements (like fears of a Korean crackdown) to pull the bottom out of the market and buy up cheap. Pump then dump again
Easier said than done but you have to hang in there. Crypto has been there before and come back even stronger
When the market manipulators want your bitcoins in a dive there is only one answer
